Spreadsheet Modelling

Lesson 1 Lesson 2 Lesson 3 Lesson 4

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Starter (10 mins)

Write a definition of

• Formula
• Function

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Task (20 mins)

Using your report from last lesson, explain using cell references where you have used

• A Formula
• A Function
• Currency Format
• Wrapped Text
• Merged Cells

Follow the instructions below to show the formulas and add a second screenshot.

1. Formula Toolbar
2. Click show formulas
3. Adjust column width to make it fit
4. Take a screenshot for your report
5. Return your spreadsheet to normal view

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Task (20 mins)

You will now use your spreadsheet to perform some modelling. Each result should be written into your report

1. How much is your running cost for a year of motoring
2. You have negotiated a better price for your car insurance- the cost is now 2500, explain the new running cost
3. You have realised you will not be able to afford this much a year so you have decided that you must save up. If you can save £350 a month, how many months will it take you to have the first 6 months of motoring covered
4. You achieved your goal and bought your car and ran it for a year, your figures were a little different to your estimates, add these new figures in

Petrol

Jan	Feb	Mar	Apr	May	Jun	July	Aug	Sept	Oct	Nov	Dec
206	185	311	202	401	207	190	275	301	90	266	334

Repairs
You do not save your £25 a month and need 2 new tyres in April costing £80, you need a new clutch costing £150 in June and in October you have an accident and have to pay £560 for the other cars damage rather than have an insurance claim.

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Plenary (10 mins)

Write three different spreadsheets you could create to model scenarios in your life....

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